in world currency and as a safe haven asset.The trend series of gold grows steadily because of scarcity and increasing …The research perspective of gold is either as a commodity or as a financial asset in most previous research. This paper … initially examines the double nature of the price of gold both as a commodity and money from 1969 to 2014 by a statistics model …

policy recommendations inconsistent with his own theory, because of (1) his early attachment to the gold standard and the … apparent necessity to accept deflation to preserve the gold standard and (2) his hope that deflation would overwhelm the price … rigidities that he believed obstructed a speedy recovery. By 1935, Hayek's attachment to the gold standard weakened, and he …

This paper initially analyzes the constitution of gold price by Ensemble Empirical Mode Decomposition (EEMD) with a … data span of 1969-2014. We decompose and categorize the change of the gold price by time frequency into three aspects: high … frequency portion, low frequency portion and trend portion. After related high frequency portion and trend portion with gold …

I consider whether a rules-based fiat money system can outperform the gold standard in delivering economic stability. I … discretion of the Fed. In general, I maintain that fiat money might outperform a gold standard if the central bank is committed …